Monday, January 18, 2010

Maryland General Assembly Update 1/18/10

Here is an update on the status of some bills relevant to the Construction Industry. Click the title link to go to the MGA website. If you have detailed questions, please do not hesitate to contact me.

In the Senate:

1.SB 23
Energy Companies - Net Energy Metering - Credit Transfers
Senate: First Reading Finance - 1/13

2.SB 50
Electric Companies - Net Energy Metering
Senate: First Reading Finance - 1/13

In the House:

1. HB 42
Real Estate Appraisers - Knowledge of Value of Real Estate - Prohibited
House: First Reading Economic Matters - 1/13

Some new bills:
SB 106
The President (By Request – Administration), et al
LABOR AND EMPLOYMENT – JOB CREATION AND RECOVERY TAX CREDIT
Providing a credit against the State income tax for qualified employers employing specified individuals in qualified positions; providing for certification by the Secretary of Labor, Licensing, and Regulation of qualified employers eligible for the credit and the maximum credit for which a qualified employer is eligible; limiting the credit to $250,000 for each qualified employer; limiting the aggregate credit that may be approved by the Secretary to $20,000,000, to be allocated on a first–come, first–served basis; etc.
EMERGENCY BILL

HB 92
The Speaker (By Request – Administration), et al
LABOR AND EMPLOYMENT – JOB CREATION AND RECOVERY TAX CREDIT
Providing a credit against the State income tax for qualified employers employing specified individuals in qualified positions; providing for certification by the Secretary of Labor, Licensing, and Regulation of qualified employers eligible for the credit and the maximum credit for which a qualified employer is eligible; limiting the credit to $250,000 for each qualified employer; limiting the aggregate credit that may be approved by the Secretary to $20,000,000, to be allocated on a first–come, first–served basis; etc.
EMERGENCY BILL
LE, §§ 11-1101 through

More to come....








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